Abstract: Ecological compensation can help motivate farmers to participate in the Grain for Green Project (GGP). For farmers, the willingness to accept (WTA) reflects their rational anticipations of the program. The investigation on the willingness of the farmers to accept compensation should be focused on the overlapping period of the GGP and the new round of GGP. This is owing to the fact that it is very important to the sustainable development of the program. Face-to-face interviews with households were used to obtain data in Jingyuan County in Ningxia Hui Autonomous Region located in the middle of Yellow River basin, and the survey received 398 valid questionnaires in August 2017. Based on these data, a logistic model of double-bounded dichotomous-choice contingent valuation method (CVM) was applied to evaluate farmers' WTA and its influence factors. The results showed that with appropriate economic compensation, 87.2% of the surveyed households were willing to participate in the GGP, and their minimum WTA was 3 180 yuan·hm^-2. There was also a relationship between compensation pattern selection of farmers and their age. Furthermore, 68.8% of respondents willing to obtain cash compensation had an average age of 54. Meanwhile, there were 10.9% and 7% of interviewees with a median age of 49 who preferred technical training programs and low-interest loans, respectively, and job offers were popular by 13.3% of peasants with the average age of 44. At the same time, farmers' willingness was negatively correlated with their education and the medical costs of their families, but positively correlated with the satisfaction of subsidy for GGP. Based on the study, suitable adjustment of compensation standard and patterns, as well as effective policy advocacy, should be strengthened in the future to make more farmers positively and voluntarily participate in the GGP.